ISSB

Sustainability Reporting and Assurance Practices of Largest Global Companies Continue to Mature, IFAC, AICPA & CIMA Study Shows

Retrieved on: 
木曜日, 2月 22, 2024

While progress is being made, the report, The State of Play: Sustainability Disclosure and Assurance 2019-2022, Trends and Analysis , highlights the need for companies worldwide to move toward a global system of sustainability disclosure requirements.

Key Points: 
  • While progress is being made, the report, The State of Play: Sustainability Disclosure and Assurance 2019-2022, Trends and Analysis , highlights the need for companies worldwide to move toward a global system of sustainability disclosure requirements.
  • "That leaves investors and lenders in a bind when it comes to having consistent, comparable and high-quality sustainability information at hand."
  • Among the highlights of the updated study:
    Almost all companies (98%) report some information on sustainability.
  • Only 30% of companies used a standalone sustainability report in 2022, reflecting the growing inclusion of that information in companies' annual or integrated reports.

Trax to Prepare Pharma Companies for California Climate Reporting Regulations

Retrieved on: 
火曜日, 1月 9, 2024

Trax is now focused on enterprises impacted by upcoming California climate reporting legislation.

Key Points: 
  • Trax is now focused on enterprises impacted by upcoming California climate reporting legislation.
  • “At Trax, we’ve specifically been preparing our shippers for SEC Climate reporting regulations, which have been pushed back.
  • However, these preparations give pharma companies impacted by the upcoming Climate Corporate Data Accountability Act in California a head start to what is considered to some supply chain leaders as an already arduous challenge,” said Steve Beda, Executive Vice President of Customer Success, Trax.
  • “There is a proven method to add up emissions - it’s EN 16258, the standard being used for the upcoming California climate reporting, which is the basis for Trax’s reports.

Global Innovation & Value Summit (GIVS) 2023, Nov 17: 'Moving Forward with ESG: Scoring for Value Creation'

Retrieved on: 
金曜日, 11月 10, 2023

While Japan stands as the world's 4th largest economy, many Japanese companies continue to lag in their ESG efforts, as Japan itself has not yet committed to requiring companies to report their impacts beyond the environmentally focused Task Force for Climate Disclosure (TCFD).

Key Points: 
  • While Japan stands as the world's 4th largest economy, many Japanese companies continue to lag in their ESG efforts, as Japan itself has not yet committed to requiring companies to report their impacts beyond the environmentally focused Task Force for Climate Disclosure (TCFD).
  • This year's Global Innovation and Value Summit (GIVS) 2023 will first introduce the latest advances in value measurement, sustainability disclosure reporting and ESG from the perspective of EFRAG, ISSB and the US SEC Climate Disclosures, and their impacts on how businesses and governments can effectively operate within these increasingly important, but complex, sustainability standards and frameworks.
  • Finally, GIVS 2023 will offer ideas and insights into how businesses not only within Japan and Asia, but also globally can integrate, enhance and implement value-focused sustainability initiatives going forward.
  • It will bring together some of the world's top experts in value measurement and scoring, sustainability and ESG issues to discuss, debate and brainstorm new approaches to value creation, responsible business and sustainability initiatives and offer ideas and models for their implementation in 2024 and beyond.

Avalon Reaffirms Commitment to Responsible Critical Minerals Development with 12th Annual Sustainability Report

Retrieved on: 
水曜日, 12月 20, 2023

"What has not changed is Avalon's unwavering commitment to the highest standards of environmental stewardship, which can be seen in the many developments undertaken in the past 12 months.

Key Points: 
  • "What has not changed is Avalon's unwavering commitment to the highest standards of environmental stewardship, which can be seen in the many developments undertaken in the past 12 months.
  • Under the Company's revamped leadership, Avalon continues to embrace the principles of sustainability as core to its business practices and reaffirms its strong commitment towards implementing corporate social responsibility ("CSR") best practices.
  • The Avalon management team recently completed the San'Yas Anti-Racism Indigenous Cultural Safety Training Program (Ontario) and received certification.
  • Avalon's leadership in applying the principles of sustainability in all of the Company's work is also benefitting the mineral exploration industry generally.

Uniqus Consultech aims to improve ESG data management by Corporates

Retrieved on: 
水曜日, 12月 6, 2023

Uniqus Consultech Inc., the ESG and Accounting & Reporting Consulting company, announced it has acquired the global ESG business of Goodera.

Key Points: 
  • Uniqus Consultech Inc., the ESG and Accounting & Reporting Consulting company, announced it has acquired the global ESG business of Goodera.
  • Goodera’s ESG tech platform is a well-established cloud-based software that helps corporates manage the performance of their sustainability programs.
  • As a part of the acquisition, Uniqus will acquire marquee global ESG clients using Goodera’s ESG platform and the teams serving these clients will also become a part of Uniqus.
  • Through this acquisition, Uniqus has further strengthened its ESG practice as it seeks to serve a US$10 billion addressable ESG market.

Impact Disclosure Taskforce Created to Scale Financing of the United Nations Sustainable Development Goals

Retrieved on: 
火曜日, 11月 28, 2023

The Taskforce also intends to explore mechanisms for disseminating and analyzing this entity-level impact information to promote transparency and accountability.

Key Points: 
  • The Taskforce also intends to explore mechanisms for disseminating and analyzing this entity-level impact information to promote transparency and accountability.
  • The Taskforce also obtains input from public development banks including the Asian Development Bank (ADB), the French Agency for Development (AFD), and the United States International Development Finance Corporation (DFC), as well as from the Global Impact Investing Network (GIIN), members of the Global Investors for Sustainable Development Alliance (GISD), and Linklaters.
  • Collaborating to provide suggested guidance on standardized impact metrics for development finance will allow entities to more clearly communicate their contribution towards the SDGs.
  • We are working to support greater impact disclosures and ultimately attract more sustainable finance capital to emerging markets and developing countries.”

LeaseAccelerator Announces Enterprise Emissions Analysis and Reduction Software

Retrieved on: 
木曜日, 12月 14, 2023

RESTON, Va., Dec. 14, 2023 /PRNewswire/ -- LeaseAccelerator, the leader in Enterprise Lease Lifecycle Management software, announced today the industry's first enterprise emissions analysis and reduction software for leases and assets, LeaseAccelerator Net Zero Asset Manager, along with an Early Access Program to help clients measure and reduce emissions in 2024.

Key Points: 
  • RESTON, Va., Dec. 14, 2023 /PRNewswire/ -- LeaseAccelerator, the leader in Enterprise Lease Lifecycle Management software, announced today the industry's first enterprise emissions analysis and reduction software for leases and assets, LeaseAccelerator Net Zero Asset Manager, along with an Early Access Program to help clients measure and reduce emissions in 2024.
  • Participants get early access to the software, preferential pricing, and a community committed to sharing feedback and best practices.
  • With LeaseAccelerator Net Zero Asset Manager , clients can:
    Collect, manage, and report on leased assets for emissions compliance and net-zero planning, leveraging usage data and emissions factors for real estate spaces and equipment.
  • "This gives controllers the same controls for emissions and lease accounting data in one asset-level subledger with one audit-trail and integrated business intelligence."

LONGi Achieves Nearly 40% Reduction in Operational Emissions in Climate Action White Paper Released at COP28

Retrieved on: 
木曜日, 12月 7, 2023

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- LONGi Green Energy Technology Co., Ltd. (LONGi), a global leader in solar technology, today released its 2023 Climate Action White Paper, a comprehensive report outlining the company's commitment, achievements, and future strategies to promote sustainable development through clean energy. The white paper highlights monumental strides toward clean energy development, including where LONGi slashed operational emissions per revenue unit by nearly 40 percent in 2022. Additionally, 47 percent of LONGi's total electricity consumption is now sourced from sustainable alternatives, eliminating approximately 2.5 million tons of carbon dioxide emissions.

Key Points: 
  • The white paper highlights monumental strides toward clean energy development, including where LONGi slashed operational emissions per revenue unit by nearly 40 percent in 2022.
  • Additionally, 47 percent of LONGi's total electricity consumption is now sourced from sustainable alternatives, eliminating approximately 2.5 million tons of carbon dioxide emissions.
  • The accompanying white paper delves into four key chapters: Task Force on Climate-related Financial Disclosures Accelerating Operational Emissions Reduction, Enhancing a Low-carbon Value Chain, and Advancing Toward a Zero-carbon Future.
  • "The annual publishing of our white paper is meant to show our firm ambition, pragmatic action, and progress in climate action to all of society.

LONGi Achieves Nearly 40% Reduction in Operational Emissions in Climate Action White Paper Released at COP28

Retrieved on: 
木曜日, 12月 7, 2023

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- LONGi Green Energy Technology Co., Ltd. (LONGi), a global leader in solar technology, today released its 2023 Climate Action White Paper, a comprehensive report outlining the company's commitment, achievements, and future strategies to promote sustainable development through clean energy. The white paper highlights monumental strides toward clean energy development, including where LONGi slashed operational emissions per revenue unit by nearly 40 percent in 2022. Additionally, 47 percent of LONGi's total electricity consumption is now sourced from sustainable alternatives, eliminating approximately 2.5 million tons of carbon dioxide emissions.

Key Points: 
  • The white paper highlights monumental strides toward clean energy development, including where LONGi slashed operational emissions per revenue unit by nearly 40 percent in 2022.
  • Additionally, 47 percent of LONGi's total electricity consumption is now sourced from sustainable alternatives, eliminating approximately 2.5 million tons of carbon dioxide emissions.
  • The accompanying white paper delves into four key chapters: Task Force on Climate-related Financial Disclosures Accelerating Operational Emissions Reduction, Enhancing a Low-carbon Value Chain, and Advancing Toward a Zero-carbon Future.
  • "The annual publishing of our white paper is meant to show our firm ambition, pragmatic action, and progress in climate action to all of society.

Capacity-building Alliance of Sustainable Investment (CASI) Launched at COP28

Retrieved on: 
火曜日, 12月 5, 2023

DUBAI, UAE, Dec. 5, 2023 /PRNewswire/ -- Ma Jun, President of the Beijing-based Institute of Finance and Sustainability (IFS) and former Co-Chair of the G20 Sustainable Finance Working Group (SFWG), together with representatives from six other founding members, launched the Capacity-building Alliance of Sustainable Investment (CASI) today at COP28.

Key Points: 
  • DUBAI, UAE, Dec. 5, 2023 /PRNewswire/ -- Ma Jun, President of the Beijing-based Institute of Finance and Sustainability (IFS) and former Co-Chair of the G20 Sustainable Finance Working Group (SFWG), together with representatives from six other founding members, launched the Capacity-building Alliance of Sustainable Investment (CASI) today at COP28.
  • "The demand for sustainable investment is huge in EMDEs, but most of these economies are yet to put in place the key elements of a green financial system.
  • Eddie Yue, Chief Executive of HKMA, said "EMDEs are facing steep pathways to meet their sustainable development goals, requiring substantial investment.
  • Bill Winters, CEO of Standard Chartered Bank, said "CASI demonstrates the value of constructive partnerships to accelerate sustainable investment.